Neuer gets sent off for 1st time and Bayern Munich exits German Cup early againPure Storage Announces Third Quarter Fiscal 2025 Financial Results
MUNICH (AP) — Manuel Neuer was sent off for the first time and Bayern Munich crashed out of the German Cup in the third round with a 1-0 loss at home to defending champion Bayer Leverkusen on Tuesday. The 38-year-old Neuer was never before sent off over a long career including 124 games for Germany, but the Bayern captain was shown a straight red card in the 17th minute for taking out Jeremie Frimpong with a body check when the Dutch winger was almost through on goal after a long pass from Johnathan Tah. Bayern’s players protested but there had been no attempt from Neuer to play the ball. Leverkusen needed patience to take advantage against a riled-up Bayern team that created better chances in the first half. The home team was without Harry Kane, injured over the weekend against Borussia Dortmund. Bayern confirmed a right hamstring injury and said the England captain will be out “for the time being.” Leverkusen coach Xabi Alonso sent on Patrik Schick for the second half, but the in-form Czech forward limped off with what looked like a left calf injury after less than 15 minutes. Nathan Tella replaced Schick in the 61st, then scored eight minutes later with a header to Álex Grimaldo’s perfectly positioned cross. “The first title of the season is gone, and that hurts,” Bayern midfielder Joshua Kimmich said. Alonso, a former Bayern midfielder, has never lost in five games against his former club while Leverkusen coach. Bayern was knocked out in the second round last season. Also, Werder Bremen defeated second-division side Darmstadt 1-0. Earlier, 2022 finalist Freiburg was knocked out in a 3-1 loss at third-division team Arminia Bielefeld, and Stuttgart won 3-0 at Jahn Regensburg. AP soccer: https://apnews.com/hub/soccer
Attleboro’s water superintendent has resigned after the mayor blamed “oversight and communication issues” for a water supply emergency that is set to stretch well into the new year. Kourtney Allen resigned on Monday after Mayor Catheen DeSimone wrote in a letter to residents last week that human mistakes, not just the drought and other natural factors, contributed to an “unplanned, avoidable, and totally unacceptable water loss.” Allen’s departure has left the city scrambling to find a new superintendent while it contracts with a consultant to work with the assistant superintendent and oversee several large water department projects, DeSimone told residents Monday afternoon. “Moving forward also means better oversight of internal operations, evaluating and improving department practices and procedures, and establishing clear and open channels of communication between department management and staff members,” the mayor wrote in a letter. “At the same time,” she added, “we must continue our efforts to increase our water supply storage capacity, add groundwater wells, and better enforce the annual outdoor water use restrictions. Most important, we will learn, change, and do better to ensure that we don’t find ourselves in this situation again.” Attleboro, a city of roughly 46,600 residents bordering Rhode Island, has been in a water supply emergency since Nov. 19, when the state Department of Environmental Protection declared it. The mandatory ban on all non-essential outdoor water use will be in effect until mid-May, while city officials urge the adoption of indoor water conservation measures. In a three-page detailed explanation of the dire situation, DeSimone wrote that she heard the rumor of a “significant water loss” in early September. Water officials informed her that a “malfunction or other specific event” did not trigger the shortage. Earlier this month, after meeting with water officials, DeSimone said it became clear that management issues triggered the predicament. Attleboro supplies drinking water to over 40,000 people in the city and neighboring North Attleboro and Mansfield. Water processed in Attleboro comes from the larger Manchester Reservoir and much smaller Orr’s Pond, which has dealt with manganese levels that exceed state standards. To reduce those levels, reservoir water was drawn into the pond via an underground aqueduct, “blending” with the pond water, DeSimone explained. But the process “resulted in more than expected water loss,” she added. Blending began in early June with a reservoir valve placed automatically, with gravity and pressure controlling the water flow. Seven weeks later, the water level in the reservoir dropped a “little more than 7 feet, or double what would ordinarily be expected,” DeSimone said. Water officials did not address the declining water level until July 24 when they changed the valve from automatic to “in hand,” with it being “intentionally set to a specific opening,” DeSimone said. That slowed water loss “dramatically.” The details emerged during a conversation with water officials on Dec. 5, DeSimone said. It also came to light that there were “some internal concerns and conversations between Water Dept. staff about the valve opening up to 48% and the amount of water flowing down” from the reservoir and into the pond. The mayor emphasized how she “asked several times for an explanation as to how the valve issue went unaddressed for several weeks.” “No satisfying explanation was provided,” DeSimone wrote to residents on Monday. “It was very apparent, however, that although the water loss was unintentional, the problem occurred and lingered because of a lack of oversight and communication.” Relying on ponds, reservoirs and other bodies for its water, rainfall is Attleboro’s only form of replenishment which proved to be hard to come by in the latter half of this year. “Although the drought was going to diminish our water supply in any event,” the mayor wrote, “the water that was lost in June and July could have helped us mitigate some of the drought’s impact.” In an email to ABC6 News in Providence last month, DeSimone called the rumors “baseless” as residents took to social media with claims last month that the water department accidentally left a valve open, allegedly costing the city 500 million gallons of water. Residents reacted to the water superintendent’s resignation and DeSimone’s detailed explanation on social media. One said the mayor’s trust in the water department was “misplaced and abused.” “While I appreciate the details, I’m absolutely appalled that the problem was not addressed when it was noticed by employees (the very day the valve was opened),” the resident wrote, “especially considering we were already experiencing drought conditions.” “How hard could it have been to send a quick email to have it checked out?” they added. “The negligence makes me sick.”
Emmanuel Addeh in Abuja The Nigerian Society of Engineers (NSE) yesterday said that there was a need for massive intervention in Nigeria’s agricultural sector to reduce the 40 per cent seasonal post-harvest losses for farm produce in-country. In a communiqué in Abuja, read by the NSE’s President, Margaret Oguntala, the umbrella body for all engineers in the country, stated that storage facilities, cold chains, and transportation networks were needed to ensure food security. The release of the communiqué marked the end of the 2024 edition of the NSE’s 57th International Engineering Conference, Exhibition and Annual General Meeting, themed: ‘Sustainable Engineering Solutions to Food Security and Climate Change’. Besides, the conference observed that about 70 per cent of Nigeria’s agriculture produce is from rural areas, where poor road network hinders transportation and distribution of produce from farms to market, causing spoilage, raising costs and reducing accessibility to consumers. Oguntala said, “With substantial post-harvest losses representing about 40 per cent of food produced in Nigeria challenging food security, conference underscored the importance of improved storage facilities, cold chains, and transportation networks. “Such infrastructure reduces food spoilage, ensures better market access, and strengthens the resilience of food supply chains.” According to her, water scarcity and inadequate irrigation systems are significant constraints to sustainable agriculture in Nigeria, stressing that out of over 84 million hectares of arable land, only about 1.6 million hectares are irrigated, leaving the rest reliant on unpredictable rainfall. The conference therefore observed the need for advanced water management solutions, including water-efficient irrigation, rainwater harvesting, and wastewater reuse. The NSE also called for the deployment of solar and wind energy to power irrigation, mechanised farming, and cold storage, reducing dependence on fossil fuels and contributing to sustainable food security. On how environmental pollution was affecting food production, the organisation said that oil spills have devastating effects on farmland and ecosystems. It explained that with engineering innovation, oil companies should adopt technology to prevent oil spills and minimise damages to agricultural land in their operational areas. The NSE also lauded President Bola Tinubu for the pronouncement to establish the National Engineering and Innovation Fund which is purposely designed to provide grants and resources to engineers and technologists working on solutions for Nigeria’s unique challenges. According to the engineers, government and relevant stakeholders, including research institutes, food processors, aggregators, exporters among others, should embrace and promote innovations and technologies that enhance agricultural productivity and reduce greenhouse gas emission. The NSE further recommended that there should be synergy among stakeholders in mitigating climate change at both individual and societal levels. “Also, relevant government agencies should implement recommendations on different climate change mitigation and adaptation strategies relevant to Nigeria as contained in Intergovernmental Panel on Climate Change (IPCC) report of Conference of Parties (COPs). “It recommends that government policies should prioritise funding for research, capacity-building, and incentives for adopting sustainable practices in agriculture through Bank of Agriculture (BOA), Bank of Industry (BOI) and other funding bodies,” the NSE added.
OTTAWA — NDP Leader Jagmeet Singh said he won't play Conservative Leader Pierre Poilievre's games by voting to bring down the government on an upcoming non-confidence motion. The Conservatives plan to introduce a motion that quotes Singh's own criticism of the Liberals, and asks the House of Commons to declare that it agrees with Singh and has no confidence in the government. The motion is expected to be introduced on Thursday and the debate and vote are set for Monday. Singh said he is not going to trigger an election when he believes Poilievre would cut programs the NDP fought for. "I'm not going to be playing Pierre Poilievre's games. I have no interest in that. We're frankly not going to allow him to cut the things that people need. I want to actually have dental care expanded, I want people to actually start to benefit from the pharmacare legislation we passed," Singh said. With the NDP's expected support, the Liberals should survive this next confidence vote brought forward by the Conservatives. The Tories have vowed to bring forward non-confidence motions every chance they get. The party will have two more opposition motions after this one, which are expected to continue to call for non-confidence. The NDP are scheduled to have their opposition day on Friday. Earlier on Tuesday, Singh did acknowledge that the Conservatives have a sizeable lead on the NDP in public opinion polls, while giving a campaign-style speech to visiting party staffers from across the country. Most pollsters in Canada have recorded a roughly 20 point lead for the Conservatives over both the Liberals and NDP for the last few months. The non-confidence vote was scheduled after Speaker Greg Fergus intervened to pause a filibuster on a privilege debate about a green technology fund. The Conservatives have said they would only end that debate if the NDP agree to topple the government or if the Liberals turn over unredacted documents at the centre of the parliamentary gridlock. This report by The Canadian Press was first published Dec. 3, 2024. David Baxter, The Canadian PressBanque Cantonale Vaudoise Decreases Stock Position in SolarEdge Technologies, Inc. (NASDAQ:SEDG)
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Hugh Dennis is a master of dry British comedy in Outnumbered, but the kids have lost their comedic instinctThe living costs of a comfortable fell by 0.5% in the September quarter, but Australians still need the same amount of savings in to enjoy a nice lifestyle. That's according to from the Association of Superannuation Funds of Australia (ASFA), which is the peak policy, research, and advocacy body for Australia's superannuation industry. According to the newly updated , single Australians need $595,000, and couples need $690,000 in superannuation savings by age 67 to enjoy a comfortable retirement. This assumes that a retiree owns their own home, receives a part-pension, and draws down all their capital with an annual investment return of 6%. In terms of , AFSA says a comfortable retirement now costs $51,814 per year for singles and $73,031 for couples. This is down from the June quarter, when a comfortable retirement cost $52,085 per year for singles and $73,337 for couples. AFSA defines a 'comfortable' retirement as the ability to cover life's essentials plus a range of other costs. These costs include private health insurance, exercise and leisure activities, occasional restaurant meals, a domestic trip once per year, and an overseas holiday every seven years. Why did retirement living costs fall in the September quarter? AFSA said the reduction in living costs in the September quarter was driven by lower petrol prices and short-term energy rebates from the Commonwealth and state governments. Living costs for retirees have also increased by less than the rate of inflation over the past 12 months. Retirees' living expenses increased by 1.8% compared to the general Consumer Price Index (CPI) rise of 2.8%. ASFA CEO Mary Delahunty said: The easing in short-term retirement budget pressures will be a welcome holiday gift for retirees at this time of year. It's great that in its 20th year of providing Australians with the definitive guide on how much money they need in retirement, the ASFA Retirement Standard can show some relief for retirees after a couple of tough years of rising costs of living. Delahunty points out that the reduction in living costs in the September quarter was unusual, though. Over the past 20 years, retirees' living expenses have generally outpaced those of the general population. This shows Australians need to manage their retirement savings carefully and is why it's clear Australians need better access to trusted, affordable financial advice to help them plan for their financial future. That's why we welcome the financial advice reforms recently announced by the Government. Do you qualify for the age pension? The is subject to two indexation changes per year. The latest indexation update occurred on 20 September. Find out .French political turmoil a boost for London as government in Paris teeters on brink By EMILY HAWKINS Updated: 17:01 EST, 3 December 2024 e-mail 1 View comments London should take advantage of the political turmoil in France to boost the stock market, a leading City figure has said. Companies and investors could shy away from Paris as the French government teeters on the brink of collapse, according to Mark Austin, a partner at law firm Latham & Watkins. And tensions between China and the US are making listings in Asia seem more unappealing, he added. Austin, who is one of the experts behind recent City reforms, said crises abroad have inspired ‘a lot of enquiries’ about moving capital to London instead as it is now the ‘adult in the corner of the room’. His remarks came as City watchdog the Financial Conduct Authority (FCA) appeared to pave the way for Chinese fast fashion retailer Shein’s controversial £50billion listing. Investment company Pershing Square Holdings, meanwhile, ditched its Amsterdam listing yesterday. Turmoil: Companies and investors could shy away from Paris as the French government teeters on the brink of collapse, according to Mark Austin, a partner at law firm Latham & Watkins That means it shares will solely trade in London where it is a member of the FTSE 100. Pershing cited improved liquidity in London as one of the reasons. But Nikolay Storonsky, boss of online bank Revolut, said it was ‘just not rational’ to opt for London over a US listing. There are hopes the tide is turning after the City has lost high-profile firms to overseas rivals in recent years. Austin, a member of the Capital Markets Industry Taskforce, a group of City figures led by London Stock Exchange chief Julia Hoggett, said he has seen interest in investment being moved out of Europe and towards the UK. Speaking on the BBC’s Today programme, he said: ‘We are seeing a lot of enquiries from people who think “actually, is continental Europe a place where I would want to list a business right now?”’ Elections in France, Germany and Austria have given rise to instability while the reign of Right-wing leaders Geert Wilders in Netherlands and Giorgia Meloni in Italy have also set investors on edge. RELATED ARTICLES Previous 1 Next Reeves must unlock the magic of AI if she wants to meet her... Listing on the London stock market is 'not rational', says... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account And companies are growing wary of having ‘sole exposure’ to Asia, such as the Hong-Kong listed firm CK Infrastructure which made a secondary initial public offering (IPO) in London in August, Austin said. This happened two weeks after the City watchdog’s reforms were introduced in July. ‘There is a sense that the UK is starting to establish itself as an independent financial centre, well regulated, in a good time zone,’ Austin said. There is a growing confidence that reforms to listing rules will continue to revive the UK’s status. The FCA’s reforms came into force on July 29, creating a simplified regime that ended a distinction between standard and premium listings. Before this, only companies with premium listings could join the FTSE 100 and FTSE 250 indices, so abolishing the distinction has cleared the way for more to do so. In a memo last week, Austin said the City was set for success next year. He said: ‘The capital cycle is coming, and although IPOs are not going to come in the very near future – they are coming, and in numbers, in 2025 and 2026 onwards.’ DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. 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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Applied Therapeutics To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Applied Therapeutics January 3, 2024 and December 2, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Applied Therapeutics, Inc. ("Applied Therapeutics" or the "Company") APLT and reminds investors of the February 18, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that defendants provided positive statements to investors while, at the same time, disseminating false and materially misleading statements and/or concealing material adverse facts concerning the true state of Applied Therapeutics' Phase III INSPIRE trial; notably, electronic data capture issues and a dosing error in the dose-escalation phase of the study. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Applied Therapeutics' securities at artificially inflated prices. On November 27, 2024, Applied Therapeutics issued a press release announcing "that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) for the New Drug Application (NDA) for govorestat, a novel, central nervous system (CNS)-penetrant aldose reductase inhibitor (ARI), for the treatment of Classic Galactosemia." According to the Company, "[t]he CRL indicates that the FDA completed its review of the application and determined that it is unable to approve the NDA in its current form, citing deficiencies in the clinical application." On this news, Applied Therapeutics' stock price fell $1.64 per share, or 16.06%, to close at $8.57 per share on November 27, 2024. Then, on December 3, 2024, the FDA posted on its website a Warning Letter to Applied Therapeutics, the contents of which indicated that the Company was aware at least as early as May 2024 that the FDA had identified significant issues in the govorestat NDA. On this news, Applied Therapeutics' stock price fell $0.31 per share, or 18.34%, to close at $1.38 per share on December 4, 2024. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Applied Therapeutics' conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Applied Therapeutics class action, go to www.faruqilaw.com/APLT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b78d6d9-524e-4bfa-9772-9599dc664268 . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Liverpool head coach Arne Slot continued to play down the significance of their place at the top of the Premier League despite it being strengthened by their 3-1 win over Leicester. Chelsea’s surprise defeat by Fulham meant victory over the Foxes stretched their lead to seven points, with a match in hand, with the halfway point of the campaign fast approaching. But Slot is maintaining his level-headed approach despite the clamour growing around their chances of adding another title to the one won in 2020. “If you are in this game for a long time like the players and I am then 20 games before the end you don’t look at it as there are so many challenges ahead of you,” he said after Cody Gakpo, Curtis Jones and Mohamed Salah scored to turn around an early deficit following Jordan Ayew’s strike. “Injuries and and a bit of bad luck can happen to any team, it is far too early to be already celebrating – but it is nice for us to be where we are. “I don’t think there was any easy win for us in any of these games; it could have been an easy win against Tottenham but we conceded two and it was then 5-2 – that tells you how difficult it is to win even when you have all your players available. “That is why we have to take it one game at a time. The league table is something of course we are aware of but we always understand how many games there are to go.” Leicester boss Ruud van Nistelrooy felt his side held their own until Salah scored in the 82nd minute. “I think we were in the contest for a result for a long time,” he said. “Three-one was the turning point in the sense the game was done there to get a result. “I think the 60th minute I remember a chanced for Daka to score the equaliser so we were in the game to get a surprising result. “We did well, we did what we could: a good start with the goal but if you speak of a turning point, 3-1 with Salah, the game was done.” Van Nistelrooy left goalkeeper Danny Ward out of the squad after he struggled in the defeat to Wolves and was jeered by his own fans. “The change in goal was one to make and the conversation with Wardy was impressive, the way he was thinking of the team and the club,” added the Dutchman. “I insisted on a conversation and of course it is a private conversation but what I want to share is the person and the professional he is. “I was impressed with that and his willingness for the team and the club to do well. “Really tough what happened for him. We are professionals but human beings as well, when frustration is being directed towards one person that is difficult.”