SINGAPORE , Nov. 30, 2024 /PRNewswire/ -- Amber DWM Holding Limited ("Amber DWM"), the holding entity of Amber Group's digital wealth management business, known as Amber Premium ("Amber Premium"), today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with iClick Interactive Asia Group Limited ("iClick" or the "Listco") (NASDAQ: ICLK ) and Overlord Merger Sub Ltd. ("Merger Sub"), a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Listco. Under the Merger Agreement, Merger Sub will merge with and into Amber DWM, with Amber DWM continuing as the surviving entity and becoming a wholly-owned subsidiary of the Listco (the "Merger"). Amber DWM's shareholders will exchange all of their issued and outstanding share capital for a mix of newly issued Class A and Class B ordinary shares of the Listco on the terms and conditions set forth therein in a transaction exempt from the registration requirements under the Securities Act of 1933. Wayne Huo , Chief Executive Officer and Director of Amber DWM , said: " We are thrilled to embark on this transformative journey with iClick. This merger represents a significant milestone, bringing together Amber Premium's expertise in digital wealth management and iClick's innovative marketing technology. Together, we aim to redefine the digital financial ecosystem, delivering unparalleled value to our clients and stakeholders. By bridging the worlds of blockchain, fintech and digital marketing, we are unlocking new opportunities to revolutionize how value is created and exchanged in the digital economy ." The transaction values Amber DWM at US$360 million and the Listco at US$40 million by equity value on a fully diluted basis (assuming completion of certain restructuring as set forth in the Merger Agreement). Upon closing of the Merger (the "Closing"), the Amber DWM shareholders and the Listco shareholders (including holders of ADSs) will own approximately 90% and 10%, respectively, of the outstanding shares of the combined company, or 97% and 3% voting power, respectively. The Merger Agreement also contemplates that, upon the Closing, the Listco will change its name to "Amber International Holding Limited" and adopt the tenth amended and restated memorandum and articles of association of the Listco, in each case immediately before the effective time of the Merger (the "Effective Time"), following which the authorized share capital of the Listco shall only consist of Class A ordinary shares and Class B ordinary shares (with different voting powers but equal economic rights), a par value of US$0.001 each. Please refer to the Merger Agreement filed as Exhibit 99.2 to the Form 6-K furnished by the Listco to the SEC on November 29, 2024 for more details. The Listco's board of directors (the "Board") approved the Merger Agreement and other transaction documents, including but not limited to the voting agreement entered into by and among certain shareholders of the Listco (who holds approximately 36% of the outstanding shares representing 71% voting power of the Listco as of the date of this press release), the Listco and Amber DWM (the "Voting Agreement") (collectively, the "Transaction Documents"), and the transactions contemplated thereunder (the "Transactions"), with the assistance of its financial and legal advisors. The Board also resolved to recommend that the Listco's shareholders vote to authorize and approve the Transaction Documents and the Transactions when they are submitted for shareholder approval. In connection with the Transaction, each of the shareholders of Amber DWM immediately prior to the consummation of the Merger is entering into a lock-up agreement with the Listco pursuant to which they have agreed not to transfer the shares received in consideration of the Merger for a period of 12 months following the Merger closing. The completion of the Transactions is subject to the satisfaction of closing conditions set forth in the Merger Agreement, including, among other things, receipt of the Listco's shareholder approval and regulatory/stock exchange approvals (if applicable). The Merger Agreement provides for a long-stop date for any party to terminate the agreement if the Merger is not completed by June 30, 2025 . " This merger represents a transformative opportunity to broaden our business portfolio by integrating Amber Premium's state-of-the-art digital wealth management solutions. By uniting iClick's robust data analytic and enterprise software expertise with Amber Premium's advanced digital wealth management services, we aim to unblock synergies between traditional finance and the rapidly evolving digital asset ecosystem, particularly benefitting corporate and high net worth individual clients ", said Mr. Jian Tang , Chairman, Chief Executive Officer and Co-Founder of iClick . The foregoing description of the Merger Agreement and the Voting Agreement does not purport to be complete and is qualified in its entirety to the full text of the Merger Agreement and the Voting Agreement, which are filed as Exhibits 99.2 and 99.3 to the Form 6-K furnished by the Listco to the SEC on 29, 2024, respectively. Simpson Thacher & Bartlett LLP is serving as U.S. legal counsel to Amber DWM. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal counsel to iClick. About Amber Premium Amber Premium, the business brand behind Amber DWM Holding Limited, is a leading digital wealth management platform offering private banking-level solutions tailored for the dynamic crypto economy. Serving a premium clientele of esteemed institutions and qualified individuals, Amber Premium develops and supports innovative digital wealth management products. Its institutional-grade access and operations makes it the top choice for one-stop digital wealth management services, providing tailored, secure solutions that drive growth in the Web3 economy. About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK ) is a renowned online marketing and enterprise solutions provider in Asia . With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit https://ir.i-click.com . Safe Harbor Statement This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed transaction, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iii) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Listco, Amber DWM or the combined entity; (iv) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (v) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Listco's securities; (vi) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Amber DWM or the combined entity to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (vii) any changes in the business or operating prospects of Amber DWM and the combined entity or their businesses; (viii) changes in applicable laws and regulations; and (ix) risks relating to Amber DWM's and the combined company's ability to enhance their services and products, execute their business strategy, expand their customer base and maintain stable relationship with their business partners. A further list and description of risks and uncertainties can be found in the proxy statement that will be filed with the SEC by the Listco in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Listco, Amber DWM and their respective subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Amber DWM, the Listco or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Participants in the Solicitation The Listco, Amber DWM and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of the Listco in connection with the proposed transaction. A list of the names of such directors and executive officers and information regarding their interests in the proposed transaction will be included in the proxy statement pertaining to the proposed transaction when it becomes available for the proposed transaction. Additional Information and Where to Find It The Listco will file with the SEC and mail to its shareholders a proxy statement in connection with the proposed transaction. Investors and securityholders are urged to read the proxy statement when it becomes available because it will contain important information regarding the proposed arrangement. You may access the proxy statement (when available) and other related documents filed by the Listco with the SEC at the SEC's website at www.sec.gov . You also may obtain the proxy statement (when it is available) and other documents filed by the Listco with the SEC relating to the proposed arrangement for free by accessing the Listco's website at ir.i-click.com. SOURCE Amber Group
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CHICAGO — It looked like the Vikings had put the game away for good on Sunday afternoon at Solider Field when a chip-shot field goal attempt from kicker Parker Romo sailed through the uprights in the final minutes. ADVERTISEMENT That made it 27-16 in favor of the Vikings with the Chicago Bears needing a miracle. They got it. After a big kick return put the Bears in very good field position, rookie quarterback Caleb Williams led an impressive drive, throwing a touchdown pass to receiver Keenan Allen to cut the deficit to 27-24. A blunder by the Vikings on the onside kick allowed the Bears to recover, then kicker Cairo Santos nailed a 48-yard field goal as time expired to tie the game at 27-27 and send it into overtime. In the extra session, veteran quarterback Sam Darnold took over for the Vikings. He went 6 for 6 passing on the final drive, setting up Romo for a game-winning field goal that helped the Vikings escape with a 30-27 win. The game looked like it was going to be a hot start for the Vikings after running back Aaron Jones got loose for a 41-yard gain. He was stripped of the ball at the goal line a couple of plays later, however, marking another missed opportunity for the Vikings in the red zone. ADVERTISEMENT That cracked the door open for the Bears, and the mobility of their rookie quarterback took centerstage. On a particular play, Williams avoided pressure from Andrew Van Ginkel off the edge, rolled to his right, then dropped a dime to D’Andre Swift along the sideline. That put the Bears in position to score, and running back Roschon Johnson found the into the end zone shortly thereafter to make it 7-0. In need of a response, the Vikings got it almost immediately when Darnold dropped back and unleashed a deep pass to receiver Jordan Addison. It was an incredible catch from Addison as he hauled it in while being dragged down from behind. On the very next play, Addison finished the drive, catching a touchdown pass in traffic to help the Vikings to tie the game at 7-7. The vibes shifted in favor of the Vikings on the following possession. ADVERTISEMENT It looked like the Bears had picked up a big gain when receiver Keenan Allen caught a ball along the sideline. After a challenge flag thrown by head coach Kevin O’Connell, however, the officials ruled that Allen did not get both feet in bounds. On the very next play defensive tackle Jerry Tillery blocked a field goal, and the Vikings kept the Bears off the board. That paved the way for the Vikings to take control as star receiver Justin Jefferson drew a 35-yard defensive pass interference penalty that put the ball in the red zone. A couple of plays later, Darnold found receiver Jalen Nailor for a touchdown to make it 14-7 in favor of the Vikings. After a punt by the Vikings, the Bears got a field goal Santos to cut the deficit to 14-10 at halftime. ADVERTISEMENT With an opportunity to take control coming out of halftime, Darnold found Addison with a perfect ball near the sideline that went for 69-yard gain. Unfortunately for the Vikings, they stalled out in the red zone, setting for a field goal from kicker Parker Romo to stretch the lead to 17-10. The biggest swing of the game came when receiver DeAndre Carter muffed a punt for the Bears, and edge rusher Bo Richter recovered the fumble for the Vikings. Not long after that, Jones atoned for his fumble with a touchdown to make it 24-10. After the Bears got a touchdown to cut the deficit to 24-16, it seemed like the Vikings put the game away with a field goal to restore the lead to 27-16. Not so fast. ADVERTISEMENT After an impressive drive by Williams helped cut the deficit to 27-24, the Bears recovered the onside kick. That set the stage for Santos to nail a 48-yard field goal to tie the score at 27-27 and send the game into overtime. In the extra session, the Vikings stepped up on defense by forcing a punt, then stepped up on offense with Darnold leading an impressive drive of his own. That set the stage for Romo and he nailed a 29-yard field goal to give the Vikings the win. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .
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CHICAGO--(BUSINESS WIRE)--Dec 2, 2024-- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust’s common shares (NYSE: XFLT), payable on December 30, 2024, to common shareholders of record as of December 16, 2024, as noted below. The amount of the distribution represents a 9.41% decrease from the previous month's distribution of $0.085 per share. The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust’s investment portfolio is comprised largely of floating-rate credit instruments and other structured credit investments. In the past three months, the Federal Reserve has cut the base rate twice resulting in a 0.75% decline in interest rates, impacting floating rate securities’ income generation. As a result, the Trust’s net investment income has declined. With the new distribution amount of $0.077 per share, the Trust’s annualized distribution rate on market price is 13.28% and the annualized distribution rate on NAV is 13.85% as of market close on November 26, 2024. The following dates apply to the declaration: Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2024 calendar year. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. For further information regarding the Trust’s distributions, please visit www.xainvestments.com . * * * XFLT Q3 Webinar The Trust plans to host its Quarterly Webinar on December 6, 2024, at 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments will moderate the Q&A style webinar with Kimberly Flynn, President at XA Investments, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE : After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location. Dial : (720) 928-9299 or (213) 338-8477 or (267) 831-0333 or (312) 626-6799 or (646) 558-8656 Webinar ID : 845 9508 2601 REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com * * * The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States (“U.S. GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. The Trust’s final taxable income for the current fiscal year will not be known until the Trust’s tax returns are filed. As a registered investment company, the Trust is subject to a 4% excise tax that is imposed if the Trust does not distribute to common shareholders by the end of any calendar year at least the sum of (i) 98% of its ordinary income (not taking into account any capital gain or loss) for the calendar year and (ii) 98.2% of its capital gain in excess of its capital loss (adjusted for certain ordinary losses) for a one-year period generally ending on October 31 of the calendar year (unless an election is made to use the Trust’s fiscal year). In certain circumstances, the Trust may elect to retain income or capital gain to the extent that the Board of Trustees, in consultation with Trust management, determines it to be in the interest of shareholders to do so. The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Trust, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares. The distribution shall be paid on the Payment Date unless the payment of such distribution is deferred by the Board of Trustees upon a determination that such deferral is required in order to comply with applicable law to ensure that the Trust remains solvent and able to pay its debts as they become due and continue as a going concern, or to comply with the applicable terms or financial covenants of the Trust’s senior securities. Future common share distributions will be made if and when declared by the Trust’s Board of Trustees, based on a consideration of number of factors, including the Trust’s continued compliance with terms and financial covenants of its senior securities, the Trust’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future. * * * The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments. There can be no assurance that the Trust will achieve its investment objective. The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s 6.50% Series 2026 Term Preferred Shares are traded on the New York Stock Exchange under the symbol “XFLTPRA”. About XA Investments XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and Madison Covered Call & Equity Strategy Fund (NYSE: MCN) both trade on the New York Stock Exchange. The interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), is newly launched and has been made widely available to investors. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com . About XMS Capital Partners XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com . About Octagon Credit Investors Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 25+ year old, $33.4B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com . * * * XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com . This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. Paralel Distributors, LLC - Distributor View source version on businesswire.com : https://www.businesswire.com/news/home/20241202717275/en/ CONTACT: Kimberly Flynn, President XA Investments LLC Phone: 888-903-3358 Email:KFlynn@XAInvestments.com www.xainvestments.com KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: XA Investments Copyright Business Wire 2024. PUB: 12/02/2024 04:15 PM/DISC: 12/02/2024 04:17 PM http://www.businesswire.com/news/home/20241202717275/en
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Syrian opposition fighters have reached the suburbs of the capital, Damascus, and government forces are withdrawing from the strategic city of Homs as the rebels' surprising offensive picks up speed and President Bashar Assad's whereabouts are unknown. Homs is an important intersection between Damascus and Syria’s coastal provinces that are the Syrian leader’s base of support. In Damascus, residents described a city on edge, with security forces on the streets and many shops running out of staple foods. The rapidly developing events have shaken the region. Lebanon said it was closing all its land border crossings with Syria except for one that links Beirut with Damascus. Jordan closed a border crossing with Syria, too. Eight key countries gathered with the U.N. special envoy on Syria on the sidelines of the Doha Summit for two hours of discussions Saturday night, and more will follow. The U.N. envoy seeks urgent talks in Geneva to ensure an “orderly political transition.” Here's the Latest: The mother of an Israeli man held hostage in Gaza and seen in a newly released video by Hamas says “enough with the games” and calls for more pressure on the government of Prime Minister Benjamin Netanyahu. Einav Zangauker told a demonstration in Tel Aviv on Saturday night that like her son Matan, “there are a few dozen who are currently alive. Don’t allow them to be brought back dead in bags. Take to the streets.” Matan Zangauker, speaking under duress, appealed to the public to protest in front of Netanyahu’s home and “not let him sleep even for a minute.” Zangauker also referred to 420 days of being held by Hamas militants and said “isolation is killing us.” Police used a water cannon on the demonstrators as thousands took to the streets for the weekly anti-government protests. Two officials with Iran-backed Iraqi militias in Syria say the militias are monitoring the situation and have not made a decision to enter in support of Iran’s ally, Syrian President Bashar Assad. One of the officials said Iranian militias had withdrawn to Iraq from their positions in Syria. “All the militias are waiting to see what Bashar Assad will do in Damascus. If he resists and does not allow Damascus to fall, it is possible that the Iraqi factions will intervene for the purpose of support,” he said. The officials spoke on condition of anonymity because they were not authorized to speak publicly about the matter. -- Qassim Abdul-Zahra in Baghdad Multi-country discussions on Syria have ended on the sidelines of the Doha Summit. Iraqi Foreign Minister Fuad Hussein says the countries will issue a statement, and there will be follow-up talks “taking into consideration the practical and real situation on the ground.” He said the talks, which lasted over two hours Saturday evening, focused on how to stop the fighting. Eight key countries including Saudi Arabia, Russia, Egypt, Turkey and Iran gathered with the U.N. special envoy for Syria, Geir Pedersen. When asked where Syrian President Bashar Assad is, Iraq's foreign minister replied, “I don’t know.” He declined to speculate on whether Assad would be overthrown. Opposition fighters have reached the Damascus suburbs. BEIRUT — Lebanon’s Health Ministry says two Israeli airstrikes in southern Lebanon on Saturday killed six people and wounded five others. The ministry said an airstrike on the village of Beit Leif killed five people and wounded five, while a drone strike on the village of Deir Serian killed one person. Israel’s military said it was looking into the report. Despite a ceasefire that went into effect on Nov. 27 to end the 14-month fighting between Israel and Lebanon-based Hezbollah militants that had escalated into all-out war, violations of the truce have continued. The director of Kamal Adwan Hospital in northern Gaza says the facility came under heavy Israeli bombardment again on Saturday and three medical staff were killed. Dr. Hussam Abu Safia in a statement posted by Gaza’s Health Ministry said the hospital was hit by over 100 projectiles and bombs, and electricity was cut off. He said the surgery department and neonatal unit were hit, and he pleaded for “immediate coordination for repair operations.” Kamal Adwan is one of the last remaining hospitals in northern Gaza. Israeli forces are pressing an offensive that has almost completely sealed off the area from humanitarian aid for two months. Israel’s military said it wasn’t aware of any attack Saturday. The hospital director on Friday said Israeli strikes had killed at least 29 people including four medical staff. Israeli Lt. Gen. Herzi Halevi says the military is monitoring the Syrian border to make sure that “local factions do not direct actions towards us,” adding that Israel is not intervening in the events in Syria. Israel’s military has said it is reinforcing its deployment along the border with Syria. Halevi said if “confusion” arises and actions are directed toward Israel by “local factions” taking control of parts of Syria, Israel has a strong “offensive response.” The United Nations humanitarian coordinator in Syria says the U.N. is relocating non-critical staff outside the country. Adam Abdelmoula in a statement Saturday called it a precautionary measure to protect U.N. teams. “Let me emphasize—this is not an evacuation and our dedication to supporting the people of Syria remains unwavering,” Abdelmoula said. The statement did not say how many U.N. staffers were leaving Syria as opposition fighters reached the suburbs of Syria’s capital, Damascus. The statement said the fighting in Syria has displaced over 370,000 people as the humanitarian situation deteriorates, “with many seeking refuge in the northeast and others trapped in frontline areas, unable to escape.” Foreign ministers and senior diplomats from eight key countries including Saudi Arabia, Russia, Egypt, Turkey and Iran have gathered on the sidelines of the Doha Summit along with the U.N. special envoy for Syria, Geir Pedersen, to discuss the situation in Syria. The talks continued late Saturday and no details were immediately available. Qatar, Jordan and Iraq also were part of the discussions as opposition fighters closed in on the Syrian capital, Damascus. BAGHDAD — An Iraqi government spokesperson says about 2,000 Syrian army soldiers have crossed into Iraq seeking refuge as opposition forces advance in Syria. Bassem al-Awadi said the soldiers’ equipment and weapons were registered and taken into custody by the Iraqi army. “We dealt with them according to the principle of good neighborliness and humanity,” he said Saturday. Al-Awadi also said Iraqi officials are concerned about the security of the al-Hol camp and other facilities in northeast Syria where suspected Islamic State group members and their families are detained. The facilities are guarded by U.S.-backed Kurdish forces. Al-Awadi said there is “high security coordination” between Iraqi officials and those forces to “prevent the prisoners from escaping.” Syria's army says it is fortifying its positions in the suburbs of Damascus and in the country’s south, as opposition fighters close in on the capital. The army statement on Saturday also asserted that Syria is being subjected to a “terrorist” and propaganda campaign aiming to destabilize and spread chaos. The statement also said the military is continuing with operations in areas including the central provinces of Hama and Homs, and that it has killed and wounded hundreds of opposition fighters. At least two people were wounded in a car-ramming attack in the West Bank on Saturday, according to the Israeli army and rescue services. The army said the attack took place in the area of the Fawwar refugee camp, near the city of Hebron. It said a soldier was severely wounded, and security forces were looking for the attacker. Israel’s Magen David Adom rescue service said another man in his 40s suffered light injuries from shrapnel. The West Bank has seen a surge in violence since Hamas’ Oct. 7, 2023 attack out of Gaza sparked the war there. Israel has intensified its military raids in the West Bank, targeting what it says are militants planning attacks, and there has also been a rise in Palestinian attacks on Israelis. The Israeli military says it is helping United Nations forces to head off an attack on a U.N. position in Syria close to the Israeli border. The army said in a statement Saturday that an attack was carried out by “armed individuals” on a U.N. post near the Syrian town of Hader and it was “assisting U.N. forces in repelling the attack.” On Friday, Israel’s military said it would reinforce its forces in the Golan Heights and near the border with Syria, where civil war has reignited between the government and opposition fighters. Hamas has released a video showing Israeli hostage Matan Zangauker making an emotional plea for his release and describing the conditions he and other hostages face in Gaza after being seized in the Oct. 7, 2023 attack on Israel. His mother, Einav, has become a symbol of the fight to bring back the hostages and is an outspoken critic of Prime Minister Benjamin Netanyahu’s government. Matan Zangauker, speaking under duress, appealed to the public to protest in front of Netanyahu’s home and “not let him sleep even for a minute.” Zangauker also referred to 420 days of being held by Hamas militants. “We want to return before we go crazy. Isolation is killing us, and the darkness here is frightening,” he said, describing having little food and medicine and “undrinkable” water. President-elect Donald Trump has made his first extensive comments on dramatic advances by opposition fighters in Syria, saying the besieged President Bashar Assad didn’t deserve U.S. support to stay in power. “THIS IS NOT OUR FIGHT,” Trump posted on the Truth Social platform on Saturday. Syrian opposition activists and regional officials have been watching closely for any indication from both the Biden administration and the incoming Trump administration of how the U.S. would handle the sudden advances against Syria’s Russian- and Iranian-allied leader. Trump condemned the overall U.S. handling of the 13-year civil war in Syria, but spoke favorably of the routing of Assad and Russian forces. ISTANBUL — Turkish President Recep Tayyip Erdogan said Saturday that there was “now a new reality in Syria” following the rapid advance of rebel forces. Speaking in Gaziantep, a city less than 30 miles (48 kilometers) from the Syrian border, Erdogan said that “increasing attacks on civilians” in Syria’s northwest Idlib province “triggered the latest events like the straw that broke the camel’s back.” It was not possible for Turkey to ignore developments in a country with which it shares a lengthy border and it would not allow any threats to its national security, he added in a televised speech. “Our wish is for our neighbor Syria to attain the peace and tranquility it has been longing for for 13 years,” he told a rally of supporters. “We want to see a Syria where different identities live side by side in peace. We hope to see such a Syria in the very near future.” Erdogan claimed President Bashar Assad had erred in rebuffing Turkey’s previous efforts to establish relations, saying Damascus “could not appreciate the value of the hand Turkey extended.” Ankara has supported anti-Assad rebel groups since the early months of the conflict and hosts 3 million refugees dislodged by the fighting. While Turkey lists HTS, the group leading the latest offensive, as a terrorist organization, the Turkey-backed Syrian National Army has worked alongside it. BEIRUT — A resident of the Syrian capital of Damascus says the city is very tense as troops and members of security agencies are deployed on main streets and intersections. The resident told The Associated Press that many shops are closed and those that are open have run out of main commodities such as sugar. He added that if food products are available, some shops are selling them for a price three times higher than usual. “The situation is very strange. We are not used to that,” the resident said on condition of anonymity, fearing retributions. “People are worried whether there will be a battle (in Damascus) or not.” — Bassem Mroue in Beirut DOHA, Qatar — Russia’s foreign minister says he has met his Turkish and Iranian counterparts in Doha and that all three countries were calling for an “immediate end to hostile activities” in Syria. Russia and Iran are the chief supporters of Syria’s government, while Turkey backs opposition fighters trying to remove President Bashar Assad from power. Speaking at the annual Doha Forum, Sergey Lavrov said Russia continues to help the Syrian army confront insurgents, military via airstrikes. Asked whether Assad’s rule is threatened by the fast-moving rebel offensive, he said, “We are not in the business of guessing what’s gong to happen.” He blamed the United States and the West for the events in Syria and said, “We are very sorry for the Syrian people who became a subject of another geopolitical experiment. “We are doing everything we can not to make terrorists prevail, even if they say they are not terrorists,” Lavrov said, referring to the de facto leader of the Syrian insurgents, Abu Mohammed al-Golani, who says he has cut links with al-Qaida. His group, Hayat Tahrir al-Sham, is listed as a terrorist organization by the U.S. and United Nations. He said Russia, Iran and Turkey want the full implementation of a U.N. resolution, which endorsed a road map to peace in Syria. Resolution 2254 was adopted unanimously in December 2015. The measure called for a Syrian-led political process, starting with the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with U.N.-supervised elections. Lavrov also downplayed reports that Moscow had withdrawn ships from Russia’s base in Syrian city of Tartus, saying that the vessels had left to take part in naval exercises in the Mediterranean. DOHA, Qatar — The U.S. envoy who brokered the ceasefire between Israel and Hezbollah says the deal has created a new opportunity for Lebanon to reshape itself. Amos Hochstein told the Doha Forum that the weakness of Hezbollah after nearly 14 months of fighting along, along with blows to its Syrian and Iranian allies, give the Lebanese military and government a chance to reassert itself. “Now is the moment with this ceasefire to rebuild Lebanon again for a much more prosperous future and stronger state institutions,” Hochstein told The Associated Press on the sidelines of the conference. He said Lebanon needs “to do its part” by rebuilding its economy, choosing a president after years of delays and strengthening its central government to attract investors. “And the international community has a requirement and a responsibility to support Lebanon after this devastating conflict and after years of Hezbollah control,” he said. Hochstein told the conference that the turning point in ceasefire efforts was Hezbollah dropping its pledge to keep fighting as long as the war in Gaza continues. He said the change in position was the result of the heavy losses inflicted on Hezbollah, and Lebanese public opinion in favor of delinking the two conflicts. He said key tests for the ceasefire will be whether Israel carries out its promised phased withdrawal from southern Lebanon over the coming two months and whether the Lebanese army is able to move into those areas. BEIRUT — Insurgents and a war monitor say opposition fighters are taking over military posts evacuated by Syrian government forces in the country’s south, bringing them closer to the capital, Damascus. An insurgent official known as Maj. Hassan Abdul-Ghani posted on the Telegram messaging app that opposition fighters are now in the town of Sanamein, about 20 kilometers (12 miles) from the southern outskirts of Damascus, President Bashar Assad’s seat of power. Rami Abdurrahman, who heads the Britain-based opposition Syrian Observatory for Human Rights, said insurgents have entered the town of Artouz, which is about 10 kilometers (6 miles) southwest of Damascus. Opposition fighters have captured wide parts of Syria, including several provincial capitals, since they began their offensive on Nov. 27. BEIRUT — Lebanon’s government has approved a plan to deploy more troops along the border with Israel, part of the ceasefire deal that ended the Israel-Hezbollah war. In a rare Cabinet meeting outside of Beirut, held Saturday at a military base in the southern port city of Tyre, the government also approved a draft law to reconstruct buildings destroyed during the Israel-Hezbollah war that broke out in October 2023 and ended with a U.S.-brokered ceasefire last week. Information Minister Ziad Makary told reporters after the meeting that the committee whose job is to monitor the ceasefire that went into effect on Nov. 27 will hold its first meeting on Monday. The committee is made up of military officials from the U.S., France, Israel and Lebanon as well as the U.N. peacekeeping force deployed along the border. As part of the ceasefire deal, during the first 60 days Israeli troops will have to withdraw from Lebanon, while Hezbollah will have to pull its heavy weapons away from the border area to north of the Litani river. The Lebanese army said this week it will begin recruiting more soldiers, apparently to deploy them along the border with Israel. BEIRUT — The Syrian army withdrew from much of southern Syria on Saturday, leaving more areas of the country, including two provincial capitals, under the control of opposition fighters, the military and an opposition war monitor said. The redeployment away from the provinces of Daraa and Sweida came as Syria’s military sent large numbers of reinforcements to defend the key central city of Homs, Syria’s third largest, as insurgents approached its outskirts. The rapid advances by insurgents are a stunning reversal of fortunes for Syria’s President Bashar Assad , who appears to be largely on his own, with erstwhile allies preoccupied with other conflicts. His chief international backer, Russia, is busy with its war in Ukraine, and Lebanon’s powerful Hezbollah, which at one point sent thousands of fighters to shore up his forces, has been weakened by a yearlong conflict with Israel. Iran, meanwhile, has seen its proxies across the region degraded by Israeli regular airstrikes. JERUSALEM — Israeli security forces killed a Palestinian man after he attacked them at a border crossing in the Israeli-occupied West Bank on Saturday morning, police said. The man shot firecrackers at security forces at the checkpoint and threatened them with a knife, the police statement said. The man wore a t-shirt emblazoned with a symbol of the Islamic State militant group, according to an Associated Press reporter Israeli fire has killed at least 700 Palestinians in the West Bank since the Israel-Hamas war began last year, Palestinian health officials said. In that time, Palestinian militants have launched a number of attacks on soldiers at checkpoints and within Israel. DOHA, Qatar — The prime minister of Qatar says he has seen new momentum in Gaza ceasefire efforts since the U.S. presidential election, with the incoming Trump administration seeking an end to the conflict before it takes office. Sheikh Mohammed bin Abdulrahman Al Thani, a key mediator in the ceasefire efforts, declined to give specifics of the negotiations but told an international conference in Doha that the gaps between the sides are not large. Qatar, which has served as a mediator throughout the 14-month war, suspended its efforts last month in frustration over the lack of progress. But Sheikh Mohammed said his government has re-engaged in recent days after determining a new willingness by both parties to reach a deal. ’We have sensed after the election that the momentum is coming back,” he told the Doha Forum on Saturday. He said has been in touch with both the outgoing Biden administration and the incoming Trump administration and found that while there are some differences in approach, both are committed to the same goal of ending the war. ’We have seen a lot of encouragement from the incoming administration in order to achieve a deal, even before the president comes to the office,” Sheikh Mohammed said. He declined to discuss details, saying he wanted to “protect the process,” but expressed hope for a deal “as soon as possible.” ’If you look at the gaps and the disagreements, they are not something substantial that really affects the agreement,” he said. CAIRO — At least 29 people were killed, including four medical staff, when Israeli strikes pummeled the area around one of the last remaining hospitals in northern Gaza, Palestinian officials said. The situation in and around the Kamal Adwan hospital is “catastrophic,” according to Dr. Hussam Abu Safia, the director of the hospital. The dead included five children and five women, according to the hospital casualty list, which was obtained by The Associated Press. Friday’s strikes also wounded 55 people including six children and the five women, according to the hospital. Kamal Adwan Hospital in Beit Lahiya is one of the few hospitals still partially operating in the Gaza’s northernmost province , where Israeli forces are pressing an offensive that has almost completely sealed off the area from humanitarian aid for two months. Israel’s military denied that its forces had struck the hospital or operated inside it. The army said that in the past few weeks, “coordinated efforts with international organizations have been underway in order to transfer patients, companions, and medical staff to other hospitals.” An Indonesian medical team which had been assisting in Kamal Adwan for the past week was forced to evacuate on foot after the area was surrounded by Israeli soldiers, according to a statement from the team. The Israeli military did not immediately comment on the medical team’s expulsion. Dr. Rik Peeperkorn, the World Health Organization representative in the Palestinian territories, said an Israeli tank approached the hospital at around 4 a.m. Friday. Although no official Israeli evacuation order was issued, “people started to climb the wall to escape, and this panic attracted IDF (Israeli) fire,” he said. He spoke by video from Gaza to journalists in Geneva. Kamal Adwan Hospital has been struck multiple times over the past two months since Israel launched a fierce military operation in northern Gaza against Hamas militants. In October, Israeli forces raided the hospital, saying that militants were sheltering inside and arrested a number of people, including some staff. Hospital officials denied the claim. MANAMA, Bahrain — Saudi Arabia’s foreign minister has reiterated the kingdom’s call for an end to the war in the Gaza Strip. Prince Faisal bin Farhan described Israel as acting with “impunity and is getting away without punishment” in its war on Hamas there. The prince said that any permanent solution requires a two-state solution, with the Palestinians having east Jerusalem as their capital. After the speech, Prince Turki al-Faisal, a prominent royal in the kingdom who led Saudi intelligence for more than two decades and served as ambassador to the U.S. and Britain, took the stage. He harshly criticized Israel’s conduct in the wars. “Israel has become an apartheid, colonial and genocidal state,” Prince Turki said. “It is about time for the world to address that issue and take the necessary steps to bring those who are thus charged by the International Criminal Court to justice.” Israeli officials could not be immediately reached for comment on Prince Turki’s remarks. The Saudis spoke at the International Institute for Security Studies’ Manama Dialogue in Bahrain.This Black Friday , you can get an incredible deal on the Dyson V11 cordless vacuum. With a great 39% discount, this powerful and design cleaning machine is available at just $349, down from its original price of $569 . This offer is part of Amazon’s Black Friday Week deals and it includes their best price guarantee throughout the event period. If the price drops further during Black Friday, Amazon will refund you the difference, so there’s no need to wait. See at Amazon As an added bonus for holiday shoppers, Amazon is extending its return policy for this Black Friday deal. It means that you can return the Dyson V11 Origin until January 31, 2025, instead of the standard 30-day window. This is great if you’re considering the V11 as a Christmas gift. 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What’s great with this model is that the vacuum’s High Torque cleaner head comes with a dynamic load sensor that automatically detects the floor type and adjusts suction power accordingly in Auto mode. This feature ensures optimal cleaning performance on any floors but also helps conserve battery life. Speaking of battery life, the Dyson V11 Origin offers a run time of up to 60 minutes on a single charge when using Eco mode. You can check the battery level on the LCD screen as well. The V11 Origin’s bin capacity is 0.76 liters and provides ample space for collected debris13. When it comes to filtration, the vacuum is equipped with a whole-machine filtration system that captures 99.99% of particles as small as 0.3 microns. It’s also incredibly silent (75 dB) and you’ll really like it on a daily basis. Everything is so easy, in particular because it’s corless. 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ELAN LAWSUIT NOTICE: Elanco Animal Health (ELAN) Investors are Notified of the Upcoming December 6 Deadline in Class Action Lawsuit – Contact BFA Law (NYSE:ELAN)Saints say Taysom Hill 'likely' has a season-ending knee injury
NEW ORLEANS (AP) — New Orleans tight end Taysom Hill is likely to miss the rest of the season after injuring his knee in the Saints' loss to the Los Angeles Rams. “It looks like an ACL tear,” interim coach Darren Rizzi said Monday. “He’ll probably get a second opinion, but it looks like it will be season-ending.” Hill, who is listed at tight end but plays a variety of roles, was carted off the field after taking a hard hit to his left knee while converting a fourth down on a direct snap in the Saints’ 21-14 loss Sunday to the Rams. The injury came one game after he'd posted a career-best 138 yards rushing and scored three touchdowns in a victory over Cleveland. He also has lined up at quarterback and running back, as well as playing special teams. “It means everybody else has to step up,” Rizzi said. “He fills so many roles, so there are going to be a lot of different guys that have to be a part of the solution there. It’s hard to sit here and tell you we are going to replace Taysom. You can’t. He’s a phenomenal person, player, leader and captain. It’s a big loss." Hill is the third key offensive player the Saints have lost. He joins leading wide receivers Chris Olave, who suffered a concussion in Week 9 and has not played since, and Rashid Shaheed, who is out for the year after tearing a meniscus in Week 7. Rizzi said guard Nick Saldiveri also might miss the remaining five games after injuring his left knee in the fourth quarter one series before Hill. Without Hill, though, the Saints’ quest to get back in the NFC South race became even tougher. At 4-8, they trail Atlanta and Tampa Bay by two games. Hill has 99 catches, 437 carries, 302 passes, 44 touchdowns, 19 tackles and one blocked kick in seven years with the Saints. “I don’t know if I can compare Taysom to anybody else that I’ve ever coached,” Rizzi said. “There’s not a guy that comes to mind that has been able to do all the different things he’s been able to do just in one game, forget about his career." Alvin Kamara had his third 100-yard rushing game of the year and is 106 yards away from the first 1,000-yard season of his eight-year career. He needs only 39 more yards to set a career high. His 206 carries are the third most in his career. Los Angeles averaged 5.4 yards per carry, finishing with 156 yards. Rams running back Kyren Williams said they knew at halftime they would win if they stuck to the ground game, and he carried seven times on the opening series of the third quarter as they took the lead. The Saints have allowed 5.1 yards per carry for the season — tied for last with the New York Giants. Signed in late October after Shaheed’s season-ending surgery, Marquez Valdes-Scantling has become Derek Carr’s go-to receiver for big plays. His 28-yard touchdown catch in the fourth quarter was the Saints’ longest gain of the day and his fourth score in the past three games. Tight end Foster Moreau, a reliable performer all year, could not handle Rams outside linebacker Jared Verse on the Saints’ final offensive snap, allowing him to hit Carr as he released a pass on fourth-and-3 from the Los Angeles 9 with New Orleans trailing by 7. Although the news was bad for Hill and Saldiveri, Rizzi said he expected starting center Erik McCoy to play Sunday against the Giants. McCoy was scratched against the Rams after aggravating a groin injury two weeks earlier versus Cleveland in his first game back since missing seven in a row. Rizzi said oft-injured running back Kendre Miller, who has played in two games this year, might return from a hamstring injury Sunday. 2 — The number of sacks for the Saints, not enough to keep Rams quarterback Matthew Stafford from finding his rhythm in the second half. In the Rams’ last five losses, he has been sacked 20 times. In their last five wins, he has been sacked three times. With their NFC South hopes on life support, the Saints travel to face the reeling Giants, who have lost seven in a row. AP NFL: https://apnews.com/hub/nflNEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.