South Korea's opposition-led parliament on Saturday rejected a bill proposing a special counsel investigation into First Lady Kim Keon-hee, reported Reuters. The opposition introduced the bill into parliament concerning allegations against the First Lady of stock price manipulation and poll result tampering through a power broker. 102 out of 300 lawmakers voted against the bill, reported Bloomberg . Also Read: South Korean President Yoon Suk Yeol apologises for martial law attempt Kim Keon-hee was acquitted in the case of stock manipulation linked to Deutsche Motors as the court ruled in favour of the defence, claiming that she was unaware of her account being used for transactions by an external manager, reported Korean daily Hankyoreh . However, links between her and self-proclaimed political consultant Myung Tae-Kyun have been called into question, as he is currently facing an investigation regarding the nomination of candidates to top positions in the government, reported The Korea Times . Also Read: Who is South Korea's first lady Kim Keon-hee and what are the charges against her? Kim Keon-hee has been at the centre of several controversies which have led to calls for investigations into her and her art exhibition company Covana Contents as well. She also faced the ire of the public after a secretly recorded video was released on YouTube, showing her accepting a Dior luxury handbag worth $2,200 from a pastor, in violation of Korean law, which prohibits public officials from accepting gifts worth more than $750. Also Read: ‘Go back in’: South Korean protesters urge lawmakers to be part of impeachment vote While Kim Keon-hee will not be required to face a special probe, President Yoon Suk Yeol still faces an impeachment vote in the National Assembly. Several ruling party members have walked out of parliament, which left too few members to pass the measure. However, the Speaker urged the parliament to vote as it is essential to democracy. The South Korean public also surrounded the parliament in protest against the ruling party, calling for the president's impeachment in light of his declaration of “emergency martial law” in the country on Tuesday. The declaration of martial law was swiftly overturned in 2 hours after a unanimous vote in parliament.In today's DNA, Zee News bring you an exclusive report on the new map plan of Islamic radicals in Bangladesh, where extremist groups claim that they will make India’s West Bengal, Bihar, and Odisha part of Bangladesh. The latest "map plan" revealed by radical Islamist groups in Bangladesh aims to annex parts of India, including West Bengal, Bihar, and Odisha. This bold assertion, made by radical leaders in Bangladesh, comes after a series of attacks on Hindus in the country and escalating terrorist plots against India. For months, Bangladesh has been a hotbed for anti-India narratives and growing sectarian violence. In today's DNA, Zee News bring you an exclusive report on the new map plan of Islamic radicals in Bangladesh, where extremist groups claim that they will make India’s West Bengal, Bihar, and Odisha part of Bangladesh. From orchestrating attacks on religious minorities to fostering a climate of hatred against India, the situation has escalated to the point where certain jihadist factions in Bangladesh are openly declaring their intentions to seize territories in India. These developments have been stoking concerns of further destabilization in the region. The latest comments from Ruhul Kabir Rizvi, a leader associated with former Bangladesh Prime Minister Khaleda Zia’s party, further fuel these tensions. Rizvi claimed that Bangladesh’s jihadist forces would "reclaim" parts of India, specifically West Bengal, Bihar, and Odisha, and integrate them into Bangladesh. The claim, which has raised eyebrows in India, is being seen as part of a larger agenda to stoke religious tensions and disrupt peace in the region. While this bold claim may seem far-fetched, it is important to consider the strategic and political backdrop in Bangladesh. According to experts, the rise of religious extremism in Bangladesh has largely been driven by Pakistani influences, with radical elements spreading their ideology through media and social channels. Pakistan, still bitter about its 1971 partition with Bangladesh, has reportedly been backing such groups to fuel a sense of hatred and territorial expansionism. This "new map plan" connects directly to a historical grievance dating back to the British colonial period. The map displayed during the broadcast shows Bengal in 1905 when it was divided under British rule into East Bengal (largely Muslim) and West Bengal (primarily Hindu). In this period, Bengal extended as far as parts of what are now Odisha, Bihar, and even sections of modern-day Assam and Chhattisgarh. The partition of Bengal was administratively motivated, but the division continues to fuel nationalist rhetoric today, particularly among extremist factions. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.Jaguar's Type 00 concept car: Redefining EV landscape
In early December 2004, Salesforce ( CRM 0.17% ) was trading at a split-adjusted price of under $4. After the stock climbed following its most recent strong earnings report to over $360, the stock is now up more than 90 times in the past 20 years as of this writing. Looking at more recent returns, the stock is up about 35% year to date. Salesforce is the granddaddy of software-as-as-service (SaaS) companies, helping revolutionize the software industry. Today, it is looking toward artificial intelligence (AI) as its next big growth driver. Let's take a closer look at its most recent results to see if the stock's strong momentum can continue. AI opportunity ahead While Salesforce has been one of the best-performing software companies of the past two decades, it has also matured, and its growth has slowed. It is looking for its AI-powered chatbot platform, Agentforce, to help drive growth moving forward. For its fiscal third quarter, Salesforce's revenue rose 8% year over year to $9.44 billion, which was well ahead of its prior guidance for revenue of between $9.31 billion and $9.36 billion. Subscription and support revenue jumped by 9% to $8.88 billion. While its core business was solid, with growth similar to Q2, growth from prior acquisitions saw a meaningful deceleration in the quarter. Mulesoft revenue only edged up 1%, while Tableau increased 5% and Slack revenue jumped 8%. By comparison, Mulesoft revenue grew 27% in Q1 and 13% in Q4; Tableau's revenue increased by 21% in Q1 and 11% in Q2; and Slack revenue climbed 17% in both Q1 and Q2. The one big bright spot in the quarter, though, was Agentforce, which launched in October. The company closed 200 deals for the autonomous AI agents in the quarter despite the recent launch, and the company said it was seeing incredible adoption rates. It also noted that it has a pipeline of thousands of potential deals for Agentforce. Notably, Agentforce is a usage-based product that costs $2 per conversation. This model could allow the company to see huge upside as more customers adopt the product and overall usage increases over time with its customers. Salesforce's current remaining-performance obligations (cRPOs) rose 10% year over year to $26.4 billion. This is a common metric used by SaaS companies to help measure future revenue growth over the next year, although eventually, Agentforce's consumption model could see this metric as less indicative of overall future growth. Looking ahead, Salesforce increased its revenue guidance for the full year and lowered its EPS forecast. It now expects revenue of between $37.8 billion to $38.0 billion, representing growth of 8% to 9%, with adjusted EPS of between $9.98 to $10.03. Here is a chart of Salesforce's guidance changes throughout the year. Original Guidance (February) May Guidance August Guidance Current Guidance Revenue $37.7 billion and $38 billion $37.7 billion and $38 billion $37.7 billion and $38 billion $37.8 billion to $38.0 billion Revenue Growth 9% 8% to 9% 8% to 9% 8% to 9% Adjusted EPS $9.68 to $9.76 $9.86 to $9.94 $10.03 to $10.11 $9.98 to $10.03 For Q4, the company is projecting revenue of between $9.90 billion and $10.10 billion, representing growth of 7% to 9%. It is looking for an adjusted EPS of between $2.57 to $2.62. Can Salesforce's momentum continue? From a valuation perspective, Salesforce looks like it trades at a reasonable valuation based on its current growth. It has a forward price-to-sales multiple of about 8.5 based on next year's analyst estimates, while its forward price-to-earnings (P/E) ratio is about 33, and its price/earnings-to-growth ( PEG ) ratio is 0.84. A PEG ratio under 1 is typically considered undervalued, and growth stocks will often have PEG ratios well above 1. CRM PS Ratio (Forward 1y) data by YCharts However, for the stock to keep its current momentum, it will need to start to see its revenue growth start to accelerate. That isn't expected to happen next quarter, but the company is starting to plant the seeds of future growth with its new Agentforce platform. Previously, Salesforce CEO Marc Benioff has talked about having 1 billion AI agents deployed by the end of fiscal 2026, which would be a $2 billion opportunity based on its pricing structure. There could also be some halo effect, where Agentforce helps increase sales and upsells with its other core cloud platforms. That's the start of solid growth that can help the company return to the teens in revenue growth. Given this opportunity, it looks like the momentum for this SaaS leader can continue moving forward. As such, I think it is a solid option for investors to consider at current levels.Why A Powerful U.S. Court Thinks The TikTok Ban Doesn’t Violate The 1st Amendment
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TORONTO — Mark Scheifele scored a hat trick and an assist while Kyle Connor collected two goals and an assist to spark the NHL-leading Winnipeg Jets to a 5-2 win over the Toronto Maple Leafs on Monday. The Jets enter the Christmas break with back-to-back wins, while the Maple Leafs dropped their second in a row at Scotiabank Arena without wounded captain Auston Matthews, out with an upper-body injury. Connor scored late in the first period on the power play and early in the second to give the Jets a two-goal lead. Gabriel Vilardi picked up his second assist of the night with a brilliant pass to Scheifele in front at 3:27 of the third, giving the Jets a 3-1 advantage. Scheifele banged in a loose puck for his 20th midway through the third period and added an empty-netter for his hat trick. John Tavares scored twice for the Maple Leafs. Winnipeg out-shot the Leafs 27-25, with Jets goalie Connor Hellebuyck making 23 saves before a crowd of 18,923 fans. Joseph Woll stopped 22 shots in the Toronto net. Jets defenceman Josh Morrissey also notched two assists to reach 30 for the season. The win avenged the Maple Leafs' 6-4 victory in Winnipeg on Oct. 28, which ended the Jets' eight-game win streak to start the season. Maple Leafs forward William Nylander extended his point streak to seven games with assists on the Tavares goals. Takeaways Toronto: Defender Chris Tanev missed his first game this year with a lower-body ailment after skating in the pre-game warmup. Winnipeg: As impressive as the Jets (25-10-1) have played before the break, they are only one point ahead of the 36-game pace of 23-9-4 set a year ago. Key moment After Jets defenceman Neal Pionk had his shot blocked, the puck bounded to Marner for a breakaway. Pionk hustled back to lift Marner's stick to foil his shot attempt early in the second period to preserve Winnipeg's 2-0 lead. Key stat The Maple Leafs have gone 7-4-0 with Matthews on the sidelines this season and 42-23-2 in his career. Up next Toronto returns to action after the holiday break on Friday, visiting the Detroit Red Wings. On Saturday, the Jets play host to the Ottawa Senators. This report by The Canadian Press was first published Dec. 23, 2024. Tim Wharnsby, The Canadian PressAbout 75,000 homes with approved development applications across Greater Sydney have not commenced construction, underscoring the state government’s struggle to tackle the housing crisis in the face of tough economic conditions. Weeks after NSW Labor revealed its latest major planning reform, a three-person development authority to expedite approval times, Planning Minister Paul Scully conceded the success of any regulatory change was dependent on economic pressures subsiding. “We acknowledge that macroeconomic conditions are tough at the moment, but the need for more housing is too urgent, and when economic conditions shift, the planning system needs to be at its most effective and efficient,” Scully said. Premier Chris Minns wants to fast-track higher-density development in Sydney. Economic headwinds are undermining his reforms. Credit: The scale of the housing challenge confronting NSW has only intensified since Premier Chris Minns took government in March last year. After committing to build 263,000 homes across Greater Sydney by July 2029, departmental forecasts now expect only 151,670 will be constructed in that time. NSW needs to build 75,000 homes a year for the next five years to meet its commitments under the National Housing Accord. Last month, the Herald revealed only 45 per cent of 895 approved development applications for large-scale housing projects – builds with at least 19 new dwellings – had obtained construction certificates by March this year , according to an analysis by University of Sydney Emeritus Professor Peter Phibbs, reflecting the broad economic challenges faced by the development industry. The stalled applications represented 47,536 dwellings, more than double the net completions in the previous year to June. But further figures obtained by this masthead under freedom of information laws highlight how economic headwinds are not just affecting projects with large capital costs, but all types of housing, showing proponents with approved development applications of all sizes were delaying or jettisoning construction plans. In NSW, 13,687 development applications were approved since 2021-22 but had not begun construction as of March 10, data from the Department of Planning, Housing and Infrastructure shows. The stalled projects would provide 75,205 dwellings. University of NSW City Futures Research Centre director Professor Bill Randolph said the sheer number of approved development applications demonstrated the problem with fixating reform on the planning system, saying there was a greater counter-cyclical role for government to play in delivering affordable housing. “It’s the market, not the planning system, that determines the rate of which stuff gets built. That’s becoming more and more evident,” he said, adding that the current downturn in the economic cycle had been exacerbated by the pandemic, migration, and then inflation. “We’re just chasing our tails if we think reforming the planning system is going to solve this.” The department’s data, updated in late October, showed net completions over the preceding 12 months to June had plunged to just above 21,000, 18 per cent below the previous five financial years’ average. In a bright spot for the government, October experienced the highest number of approvals since May 2023, nearly 35 per cent more than the preceding month. Last month, Minns said that dealing with construction feasibility across Greater Sydney was a “complex issue”, but he noted that access to finance and capital was “harder to get today than it has been for decades”. Scully said the government was doing everything in our remit to “streamline the planning system”, smoothing out kinks in the development pipeline that were slowing down housing delivery. “Of course we want building commencements to align with housing approvals, but this comes down to development feasibility, labour costs, interest rates, building material costs and sometimes consent conditions,” he said. Shadow planning minister Scott Farlow said the problem appeared to be especially affecting Sydney, noting the number of development application approvals not commenced had increased by 18 per cent over the last year while falling in other capital cities. He criticised the government’s imposition of a housing and productivity tax on developments last year, saying it had exacerbated the city’s feasibility crisis as increases in the cost of construction and land outpace apartment prices. Property Council NSW executive director Katie Stevenson said getting shovels in the ground was proving difficult across Greater Sydney, blaming high government taxes and charges, as well as “delays in post-approval decision-making”, such as when acquiring additional approvals and licences from agencies such as Sydney Water. “Without government action to make it economically viable for the property sector to build more homes, the housing crisis is only going to get worse,” she said. “The NSW government can’t control all the costs preventing housing delivery, but one lever they can pull is to put a temporary pause on newly introduced additional taxes and charges on development during the National Housing Accord period to kickstart the housing delivery communities need.” The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here .WILMINGTON, Del.--(BUSINESS WIRE)--Nov 26, 2024-- Incyte (Nasdaq:INCY) announced today that it will now present at Citi’s 2024 Global Healthcare Conference on Tuesday, December 3, 2024 at 8:00 a.m. The presentation will be webcast live and can be accessed at Investor.Incyte.com and will be available for replay for 30 days. About Incyte A global biopharmaceutical company on a mission to Solve On. , Incyte follows the science to find solutions for patients with unmet medical needs. Through the discovery, development and commercialization of proprietary therapeutics, Incyte has established a portfolio of first-in-class medicines for patients and a strong pipeline of products in Oncology and Inflammation & Autoimmunity. Headquartered in Wilmington, Delaware, Incyte has operations in North America, Europe and Asia. For additional information on Incyte, please visit Incyte.com or follow us on social media: LinkedIn , X , Instagram , Facebook , YouTube . View source version on businesswire.com : https://www.businesswire.com/news/home/20241126113474/en/ CONTACT: Incyte Media media@incyte.comInvestors ir@incyte.com KEYWORD: DELAWARE UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BIOTECHNOLOGY PHARMACEUTICAL HEALTH ONCOLOGY SOURCE: Incyte Copyright Business Wire 2024. PUB: 11/26/2024 04:10 PM/DISC: 11/26/2024 04:10 PM http://www.businesswire.com/news/home/20241126113474/en
Date set for when site including Everyman and Lidl will be transferred to councilCanada's Jonathan David scores milestone goal in Lille win over Brest in France PARIS (CP-AP) — Canadian striker Jonathan David scored twice to go past the 100-goal career mark for Lille in a 3-1 win over Brest in Ligue 1 play Friday. Canadian Press Dec 6, 2024 2:03 PM Dec 6, 2024 2:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Lille's Jonathan David celebrates after scoring the opening goal during the Champions League opening phase soccer match between Lille and Juventus at the Stade Pierre Mauroy in Villeneuve-d'Ascq, outside Lille, France, Tuesday, Nov. 5, 2024. THE CANADIAN PRESS/AP Photo/Christophe Ena PARIS (CP-AP) — Canadian striker Jonathan David scored twice to go past the 100-goal career mark for Lille in a 3-1 win over Brest in Ligue 1 play Friday. The 24-year-old from Ottawa turned in a man-of-the-match performance at Stade Pierre-Mauroy, assisting on his team's other goal as Lille extended its unbeaten run to 10 matches. David now has 17 in 23 games in all competitions this season and leads the French top tier with 11 goals. David, who joined Lille in August 2020 in a $46.5-million transfer from Belgium's KAA Gent, went into the game with 99 goals in all competitions. He finished it with 101 goals in 206 appearances for Lille. He put Lille ahead from the penalty spot after nine minutes and set up a second just before halftime when he got away from his marker and sent in a cross that Iceland international winger Hákon Haraladsson knocked home . Ludovic Ajorque got one back for Brest early in the second half but David restored Lille’s two-goal cushion when he pounced on a loose ball and scored. David, who tops Canada's men's scoring list with 31 goals from 59 appearances, is out of contract after this season and has been linked with a move to several top European clubs. Lille has not lost to Brest at home since 1989. Lille joined Marseille and Monaco in second place on 26 points, seven behind leader Paris Saint-Germain, which played Auxerre later on Friday. ___ AP soccer: https://apnews.com/hub/soccer The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Sports Edmonton Elks agree to terms with quarterback Tre Ford on a three-year extension Dec 6, 2024 1:57 PM Gilles, Poirier struggle at Grand Prix final after fall in rhythm dance Dec 6, 2024 1:55 PM Former Canada captain Christine Sinclair retired but still making a difference Dec 6, 2024 1:25 PM Featured FlyerChiefs' Andy Reid Reveals Isiah Pacheco, Charles Omenihu Playing Statuses for Week 12
A live TV panel discussion over new polling on Anthony Albanese had to be abruptly cut short after a Labor and Liberal politician repeatedly spoke over one another. A survey released on Wednesday found voters appear to be turning on the federal Labor government ahead of the election which must be held by May . Almost half of those polled in the Redbridge questionnaire believe Australia is heading in the wrong direction, while one third argued the country is on the right track. When asked about if the government is focused on the right priorities, only six per cent of respondents agreed compared to 52 per cent who disagree or strongly disagreed. The survey also revealed more voters are coming around to the idea of Peter Dutton becoming the next prime minister, showing Australians want a change of leadership. Social Services Minister Amanda Rishworth appeared with shadow finance minister Jane Hume for a weekly panel to discuss the topics of the week so far. After talking about inflation pain potentially set to last until 2030 and wages growth, Sunrise host Nat Barr raised the concerning polling on Mr Albanese. "I know not everyone listens to the polls and not everyone looks at it but when you sit around in cabinet... what do you think about the figures?" the Channel 7 star asked. Ms Rishworth said the only thought on her mind was "helping people with the cost of living", giving an example of the government's push to get more housing. Ms Hume interjected saying: "Where have you been for 2.5 years?" "You've voted against our housing bills. Blocking our cost of living measures. Fought against our energy price measures. Everything we've done, the Liberal Party have fought against it," the Social Services Minister hit back. "You spent a year concentrating on the Voice referendum," Ms Hume added. Barr attempted to stop the two politicians from speaking over one another. The Sunrise host tried to ask Ms Hume a question but was interrupted. "When it comes to the next election, Jane and Nat, my focus will be on the future. It will be..." Ms Rishworth continued before the shadow finance minister interjected. "It's been two-and-a-half-years," Ms Hume said. The Social Services Minister claimed the opposition appeared to have a "sense of arrogance", adding "you think you've got it (the federal election) in the bag". Ms Hume then repeated her two earlier remarks. Barr was visibly frustrated with how the chat panned out and ended the interview. "That was feisty," co-host Matt Shirvington said. The Redbridge poll, conducted for News Corp, also asked whether the standard of living would be better or worse than before COVID-19 for families in five years' time. One third of respondents say they are somewhat or much worse off, while a quarter said they felt no difference and 17 per cent indicated they are "somewhat better". Only five per cent said they are "much better" off. Mr Dutton is also being seen more favourably by voters with just months until millions of Australians head to the polls to decide the 32nd prime minister. Forty per cent say the Opposition Leader is ready for government, with 39 per cent disagreeing. However 21 per cent remain unsure if Mr Dutton is ready. The survey questioned 1,506 people and was conducted between November 13 and 20.